What credit score do I need to qualify?

With our alternative lender network, we can work with beacon scores as low as 500. The lower the score, the more important your equity position becomes — but we have solutions across the credit spectrum. Tell us your situation and we'll find the right fit.

How is this different from a private mortgage?

Alternative (B-lender) mortgages sit between the big banks and private lenders. Rates are higher than bank rates but significantly lower than private mortgage rates — typically in the 5% to 8% range depending on your profile. They're ideal for borrowers who are close to qualifying at a bank but not quite there.

Can I get an equity takeout if I'm self-employed?

Absolutely. Many of our lenders specialize in self-employed borrowers and offer stated income programs. As long as you have sufficient equity in your property (we can go up to 80% LTV), your business income structure is not a barrier.

How much can I borrow against my home's equity?

With our alternative lender network, we can typically access up to 80% of your property's appraised value (LTV). So if your home is worth $800,000 and you owe $400,000, you may be able to access up to $240,000 in additional financing.

How quickly can I get approved?

Alternative lender approvals typically take 24–72 hours once we have your documentation. Funding can happen within 5–10 business days. Much faster than the bank's standard process — and we handle all the lender shopping for you.

Licensed & Regulated

Real Mortgage Associates Lic. #10464·Jay Klair · Agent Level 2 Lic. #M09000869·DLCG Group of Companies

Alternative mortgage lending for Canadian homeowners

Alternative Mortgage Specialists · 70+ Lenders · Canada

THE BANK SAID NO.70+ LENDERS ARE READY TO SAY YES.

Good job, solid equity, decent credit — but the bank still turned you down? You're not the problem. Their rigid rules are. We work with over 70 alternative lenders across Canada who look at the full picture, not just a checkbox.

500+

Beacon Score Accepted

80%

Max LTV Available

70+

Lenders in Our Network

24–72h

Approval Turnaround

Licensed Brokers

Fast Approvals

No Obligation

70+

Lender Network

$2.1B+

Mortgages Closed

500+

Min. Beacon Score

4.9★

Client Rating

Who We Help

YOUR SITUATION IS NOT A DEAD END

The bank's one-size-fits-all criteria leaves out a lot of creditworthy Canadians. Our lender network was built for exactly these situations.

Equity Takeout & HELOC Alternatives

Your home has built up significant equity and you want to access it — for renovations, investments, or consolidating high-interest debt. Our lenders offer flexible equity takeout solutions up to 80% LTV without the bank's rigid qualification hoops.

Self-Employed & Stated Income

You run a successful business but your NOA doesn't tell the full story. Our lender network understands self-employed income — stated income programs available with reasonable rates and no GDS/TDS requirements.

Bruised Credit (Beacon 500+)

Life happens — a missed payment, a past collection, or a rough patch. If your beacon score is 500 or above and you have equity in your property, we have lenders who will work with you and help you rebuild.

Refinance at a Better Rate

Locked into a high rate and want out? We shop 70+ lenders — including B-lenders and credit unions — to find you a meaningfully lower rate than what your current bank is offering at renewal.

Debt Consolidation

Rolling high-interest credit card debt or a car loan into your mortgage can dramatically reduce your monthly obligations. We structure consolidation refinances that make financial sense for your situation.

Investment Property Financing

Growing your real estate portfolio? Alternative lenders assess rental income and property value differently than the big banks — making it easier to qualify for your next investment property.

Our Network

70+ LENDERS. ONE CALL.

We don't just go to one lender — we shop your file across our entire network to find the best rate and terms for your specific situation. Here's who's in our corner.

B-Lenders

Schedule B banks and trust companies with more flexible underwriting than the Big Six.

Credit Unions

Member-owned institutions that often have better rates and more common-sense lending policies.

Monoline Lenders

Mortgage-only lenders that compete aggressively on rate and often have lower penalties.

MICs

Mortgage Investment Corporations that pool investor capital to fund mortgages the banks won't touch.

Trust Companies

Federally regulated lenders with broader qualification criteria than traditional banks.

Private Investors

For the most complex situations — equity-based lending with fast decisions and flexible terms.

The Difference

BIG BANK VS. ALTERNATIVE LENDER

Big Bank

Minimum 680 beacon score required

Full income documentation — T4s, NOA, pay stubs

Strict GDS/TDS debt service ratios

Mandatory stress test at qualifying rate

Self-employed? Prove 2 years of income

One-size-fits-all qualification criteria

Alternative Lender (Via Us)

Beacon scores accepted from 500+

Stated income options available

Flexible debt service ratio guidelines

No stress test on many programs

Self-employed welcome — we tell your story

Up to 80% LTV on qualifying properties

Real Clients

THEY HEARD NO. THEN THEY CALLED US.

"My bank turned me down because I'm self-employed. Jay found me a lender at 5.9% — better than what my bank was offering anyway. Closed in 8 days."

Marcus T.

Self-Employed, Toronto

"I had a consumer proposal from 4 years ago and thought I had no options. My beacon was 530. We got approved at 6.4% and I'm rebuilding from here."

Sandra K.

Bruised Credit, Hamilton

"Needed to pull equity out for a renovation. Bank said my debt ratios were too high. Jay restructured everything and got us 78% LTV. Couldn't be happier."

David & Priya M.

Equity Takeout, Mississauga

Common Questions

ALTERNATIVE MORTGAGE FAQ

TELL US YOUR STORY.
WE'LL FIND YOUR LENDER.

70+ lenders are waiting. It takes 2 minutes to find out which one is right for you.

GET MY FREE RATE QUOTE CALL 416-669-2144

Real Mortgage Associates · Lic. #10464 · Jay Klair · Mortgage Agent Level 2 · Lic. #M09000869